Is the Next Financial Crisis Imminent?
With the recent bail outs and bail ins in both Spain and Italy, are we on the verge of another financial crisis? Furthermore, will this crisis begin in the U.S., as it did in 2008, or will it start elsewhere, such as in the EU, China, or Canada?
(This is a creation of my own, and is in no way plagiarism of another's content)
Once again, a very informative and interesting video and you've inspired me to get out of the banking system as much as possible. The question is how long it can stand. Can it last forever and is there an end, no matter what. Too me, it sound like everything is just a big fraud. Time to wake up! Thanks.
stocks 29X overvalued, bonds generating low yields that aren't beating inflation, ten yr treasury bond being bought up, bringing down yield which could be a meaning of fear in the stock market.
I hear real estate is going pretty bad right now too from what I've read.
Imminent may be a strong word for some people, but it is mathematically inevitable. And frankly, I'm getting tired of watching the lit fuse getting ever closer to the powder keg, but always finding that it can get even closer without blowing it up. We would be better off in the long run if things collapsed sooner rather than later.
The bull market has gone on longer than it should have on cheap printed money. Valuations are pretty stretched and it doesn't take much to set off a correction.
I've been saying this for a while. At this point, I'm not going to fight the market. Going to keep slowly buying silver coins and waiting until a big support breaks and panic starts. Until that time, I can't give it too much attention.
this is a repeat of 2008, but way worse.
Our gold and silver community is growing with more key people joining. Check it out and resteem if possible:
https://steemit.com/steemsilvergold/@hgmsilvergold/announcement-steemit-s-gold-and-silver-community-is-growing